Flat white or flatlining? Costa needs a double shot of innovation

News Source : Creative Bloq
News Summary
- Once the UK’s most familiar coffee chain, Costa is now anticipating being sold by owner Coca-Cola for £2bn less than the soft drinks behemoth paid for it in 2019.
- The strongest coffee brands shape consumer demand rather than respond to it.
- Successful coffee brands are now actively shaping it.
- For years it was the reliable meeting point on every British high street.
- But in a world where consumers are spoilt for choice, “safe’ just isn’t enough.
Once the UKs most familiar coffee chain, found on every high street, Costa is now anticipating being sold by owner CocaCola for 2bn less than the soft drinks behemoth paid for it in 2019. A striki [+6276 chars]